Electronic Monitoring Rolled Out to Address Prolonged Remand
President Mohamed Muizzu on Wednesday launched an initiative to release eligible remand detainees under an electronic monitoring system, aimed at...
Maldives’ Debt via T-Bills, Bonds Reaches MVR 94.1 Billion
The total amount repayable by the Maldivian government on Treasury bills and bonds has reached MVR 94.1 billion, according to...
Muizzu Government Accused of Using Police to Suspend HKurusee Account
The Muizzu government is facing renewed criticism over allegations that it used police resources to suppress the widely followed anonymous...
STO Bunkering Venture Generates MVR 124 Million Since Launch
The State Trading Organization (STO) has generated MVR 124 million in revenue from its bunkering operations since the service was...
Maldives, Malaysia Sign Agreements to Boost Ties Across Multiple Sectors
The Maldives on Monday exchanged key agreements, memoranda of understanding (MoUs), and exchanges of notes (EONs) with Malaysia, aimed at...
Saudi Fund Provides Additional US$17 Million Loan for VIA Expansion
The Saudi Fund for Development (SFD) has signed an agreement to provide an additional US$17 million loan to the Maldives...
Maldivian Launches Scheduled Seaplane Service to Baa Atoll
Maldivian, the national airline, has commenced scheduled seaplane service to Baa Atoll, with two weekly flights. Island Aviation, which manages...
Muizzu Confident New Forex Regulations Will Soften USD Exchange Rate
President Mohamed Muizzu on Thursday expressed confidence that the new foreign exchange regulations would stabilise the currency market and ease...
DBM CEO Quits Abruptly Before Bank Begins Operations
Noel Gregor Paterson-Jones, the Managing Director and CEO of the Development Bank of Maldives (DBM), has resigned just seven months...
Ex-Police Chief Faseeh Appointed Immigration Controller
Former Commissioner of Police Ahmed Faseeh has been appointed as the new Immigration Controller following the sudden dismissal of Mohamed...
